Africa Finance Corporation returns to Global Debt Capital Markets with oversubscribed five-year US$500m Eurobond
The significant oversubscription and success of this bond issue is an endorsement of our impressive financial performance.
Tag: Samaila Zubairu
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Moody’s affirms AFC’s A3 Rating with a change from Negative to Stable Outlook
The change in outlook to stable from negative is driven by our expectation that AFC will be able to maintain astable.
AFC supports Africa’s largest Methanol Plant, transforming flared gas into valuable resources
The venture is led by Blackrose, a project development and investment firm, and co-developed with the International Finance Corporation (IFC), the private sector arm of the World Bank Group, which are co-financing alongside AFC.
Infinity Group and Africa Finance Corporation to buy Lekela Power in Africa’s biggest renewable energy deal
The proposed acquisition includes Lekela Power’s portfolio of operational wind power projects, which have a combined installed capacity of over 1 gigawatt (GW), mainly located in South Africa, Egypt and Senegal. It also includes Lekela’s 1.8 GW pipeline of greenfield projects, the majority of which are anticipated to reach financial close in the near future.